NetEnt’s profits are rocket high thanks to the regulated markets!

On 24th April, NetEnt release its financial report and the numbers were fabulous! Indeed, last quarter NetEnt’s profit margin increased by 32.5%. Or by 31.2% if you take into account the severance pay, Per Eriksson got when he left the Company. All and all, the new CEO Therese Hillman seemed pleased with the company’s performance. As she explained in a webcast session where she presented the interim report.

Therese Hillman commented.

“NetEnt continues to focus on growth. Measures were put in place in March to enable expansion. Among other things, the company is taking action to reduce costs; for the rest of the year. We see conditions for better growth, supported by regulated markets. We see more new games and new customers for the future.”

And more games we can expect a lot of!

Indeed, in the session, Hillman confirmed that NetEnt would launch 21 new slots this year. Of course, this is a significant improvement when compared to the 14 releases of last year. Moreover, it’s important to point out that the 21 new release include the recent launch of Twin Spin Deluxe and Asgardian Stones. For now, we’re unsure when the other new slots will appear in the lobby of your favorite casino. But we’ll keep you posted as always!

More expansion for NetEnt.

Additionally, it’s worth mentioning that in the same press release. NetEnt confirmed that they’ve applied for a supplier license for the newly regulated Pennsylvania market. Which means that more American players will soon enjoy NetEnt games! Moreover, NetEnt also said they’re going to launch their games in Canada. Which, in the light of things is showing a major shift in vision by NetEnt. Since the company stopped offering their games in Canada in 2016. Fancy a spin on NetEnt games? If So, make sure to try Divine Fortune at the Golden Nugget Casino. The progressive jackpot is climbing incredibly quickly these days! Try your luck!